Househacking. Learn from my Mistakes!

[Marquez Griffin]

Learn from my experience and mistakes! 

1. It is so true that you need to screen the tenants! I was referred tenants by my financial advisor who I trust and is a great individual. However, the people she referred were late every month on rent.

2. Ask your potential househack comrad how much stuff they are bringing into the home. We had a tenant that literally filled up her entire room, parts of the garage and half of the basement with stuff because I didn't ask how many items they had before having them sign the lease. 

3. I reccomend having a cleaning schedule made that shows who is cleaning what each week. Also have it in the lease what items they are required to get on there own (example: Tooth paste, Toilet Paper, Paper Towels, Laundry Detergent, Light Bulbs etc.).

4. Make sure they sign a lease!  E Forms has some great lease templates that you can use. It doesn't cost much and is totally worth it!

5. If you are planning on getting a new build, make sure and factor in your costs for landscaping. Not all builders will do landscaping. Our builder did not, unless you paid an extra $12,000. We found it to be cheaper going through local landscaping companies.

If you have any questions or other reccomendations, please message me or comment below. I hope this helps!